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Search Results 0 to 2 of about 3 (some duplicates have been removed)
Jan 2, 2013 7:00pm PST
. and this one is for you renewable energy enthusists out there. the production tax credit has been extended for a whole year. that's a big deal and other kinds of renewables like biofuels energy efficient homes also got funded as well as research for renewables which again is something that clean energy advocates have been pushing for. those things are what democrats got. what did the republicans get? well, not a whole lot. the debt ceiling was not resolved, so i suppose they got the ability to be able to still argue for cuts for the debt ceiling. so we'll put the debt ceiling in their camp because they can still hold the country hostage that way, and they also defeated -- you remember that president obama had asked for $50 billion for an infrastructure bank in his first ask? infrastructure bank. and they also got that taken off of the table. so essentially that's a win. they got that taken away. by the way the infrastructure bank would have been a great thing for this country. so we didn't get absolutely everything but looking at the whole balance sheet in a much neater way, folks
Jan 3, 2013 3:00am PST
break for alternative energy, tax loophole if you will for alternative energy at least for one more year, it's extended. it is good there were no cuts to social security. no cuts to medicare which republicans wanted. none of those included in this final deal. it's -- there's some bad parts of it, too. it is bad i think that income up to $450,000 per couple remain subject to the -- will continue to enjoy the bush tax cuts. let's not kid ourselves. people making $450,000, even people making $250,000 are not middle class americans. median income this country is $50,000. that's much too high. and it's not good that the payroll tax holiday ends. we knew it would some day but right now is not the time to be socking 100% of working americans with a higher payroll tax. so some good and bad parts but the worst parts of it is that this is such a temporary fix. because not included in this deal is what the president insisted on. he said he wanted a big deal again. a comprehensive deal which means he would only entertain a deal that included some resolution of the debt ceiling so we didn't have
Search Results 0 to 2 of about 3 (some duplicates have been removed)